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H.R. 1865

BillFederalHouseIn Committee
Prevention of Predatory Lending Through Education Act
About This Bill
Committee
Latest Action · May 12, 2003
Referred to the Subcommittee on Housing and Community Opportunity.
Congress
108th (2003–2005)
Introduced
April 29, 2003
Cosponsors (15)
9D 6R
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Summary

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Prevention of Predatory Lending Through Education Act - Authorizes the Secretary of Housing and Urban Development to make grants to States, units of local government, and nonprofit organizations for counseling, referral, and education programs for the prevention of predatory lending.Directs the Secretary to establish a toll-free telephone number for predatory lending complaints.Establishes in the Department of Housing and Urban Development a Predatory Lending Advisory Council, which shall: (1) advise the Secretary on issues concerning predatory lending practices; and (2) conduct a study of the causes of home loan defaults and foreclosures.

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